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Cell Isolation Market - Global Growth of the Major Industry Leaders

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Makarand Vaidya
Cell Isolation Market - Global Growth of the Major Industry Leaders

The cell isolation market size is expected to reach USD 13.0 billion by 2024 from USD 5.9 billion in 2019, at a CAGR of 17.2%. 

The growth in this market is attributed to the increasing number of patients suffering from cancer and infectious diseases, growing government funding for cell-based research, and technological advancements. On the other hand, ethical issues related to embryonic stem cell isolation and the high cost of cell-based research are expected to limit market growth to a certain extent in the coming years.

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Prominent players in the cell isolation market include Beckman Coulter (US), Becton, Dickinson and Company (US), GE Healthcare (US), Merck KgaA (Germany), Miltenyi Biotec (Germany), pluriSelect (Germany), STEMCELL Technologies Inc. (Canada), Terumo BCT (US), Thermo Fisher Scientific (US), and Bio-Rad Laboratories Inc. (US).

The key strategies followed by most companies in the cell isolation market are product launches, expansions, agreements, and acquisitions to achieve growth in the cell isolation market. The product launches accounted for the largest share of the overall growth strategies adopted from 2015 to 2018.

North America held the largest share of the market in 2018.

The cell isolation market is segmented into four major geographic segments North America, Europe, Asia Pacific, and the Rest of the World. In 2018, North America commanded the largest share of the cell isolation market, followed by Europe. The large share of the North American market is attributed to technological advancements, growth in the biotechnology and pharmaceutical industries, increasing prevalence of chronic and infectious diseases, and higher investments in cell-based research in the region.

Key questions addressed in the report:

What are the growth opportunities offered by the cell isolation market across major regions in the next five years?
Emerging countries have immense opportunities for growth in the cell isolation market. Will this scenario continue during the next five years?
How will advancements in products offered by various companies affect the market scenario in the mid- to long-term?
What are the new trends and advancements in the cell isolation market?

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https://www.marketsandmarkets.com/PressReleases/cell-isolation.asp


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